Private equity may win in U.S. Republicans’ tax plan

WASHINGTON (Reuters) - U.S. President Donald Trump's promise to close the "carried interest" tax break that benefits some of Wall Street's wealthiest financiers could be defanged if his administration proceeds with an exemption for certain firms.

WASHINGTON (Reuters) - U.S. President Donald Trump's promise to close the "carried interest" tax break that benefits some of Wall Street's wealthiest financiers could be defanged if his administration proceeds with an exemption for certain firms.